Many people, especially young people, are looking for something REAL these days. Not some temporary job with no future, or a part-time employer who thinks he’s better than God, but something real, tangible, worthwhile-doing, and long-lasting. One occupation many are looking into is the insurance industry. It is, after all, nearly recession-proof. It can be […]
Lynnwood, Washington, at first glance, isn’t much different from any other “bedroom” community in the Seattle area. However, once you look a bit deeper, you’ll find that Lynnwood isn’t quite the sleepy little suburb that it might first appear to be. Lynwood, like most every other city, has its hidden gems and things that make […]
One of the most terrifying moments for each and every salesperson is the “closing of the deal”. You’ve just delivered the most awesome presentation of your products or services. You’ve just laid it all out there on the line. And now, you have to face the possibility of rejection. The possibility that all your hard […]
Let’s face it – you have to take and, more importantly, pass your insurance licensing exam. It’s a harsh reality, but it doesn’t have to be a harsh experience. With adequate preparation and study, your insurance exam can be a pleasant, stress-free undertaking. Here’s some tips to help you survive your exams with your sanity, […]
Have you ever wondered what events and items might not be covered under your homeowner’s insurance policy? Here are some common exclusions, meaning, they are usually not considered a covered loss and the insurance company will not pay for the damages. Loss due to ordinance or law regulating construction, repair or demolition. Earth Movement means […]
How are loss settlements determined by insurance companies? Actual Cash Value (ACV) means the cost of repairing the damage, minus reasonable depreciation (wear and tear, deterioration and obsolescence). Replacement Cost (RC) means the current cost, at the time of loss, to repair or replace the damaged property with new materials of like kind and quality, […]
Insurance is designed to transfer the financial impact of a loss from an individual or company to an insurance company. In exchange for the protection (agreement of indemnification) of the insurance company, an insured must pay premiums. Property and Casualty Insurance Contracts are indemnification contracts. Indemnification means to restore a person to his or her […]
How might a business benefit from different types of Disability insurance policies? Buy-Out, a.k.a. Buy-Sell, is an agreement to buy out the interest of a partner or a persons’ interest in a firm, following a disability. A Disability Income policy would fund the buy-out agreement. Disability Buy-Sell coverage can be designed to provide benefits to […]
How is a Flexible Spending Account different from a Health Savings Account? Flexible Spending Accounts (FSAs) allow employees to be reimbursed for medical expenses. FSAs are usually funded through voluntary salary reduction agreements with an employer. No federal income taxes are deducted from the employee’s contribution. The employer may also contribute. The benefits of the […]
Beginning a new career, whether it’s your first time out, or your second or even third endeavor in life, is an exciting, electrifying time. Beginning a new career as an insurance agent is no different, however it can also be a bit overwhelming, too, as you adjust to the demands of the industry and the […]